Martinez’s budget proposal also leaves nearly $50 million available for tax breaks intended to make New Mexico more economically competitive with its neighbors.
That’s up about 4 percent from about $5.6 billion this year.
The governor’s proposal is at odds with the budget proposal put forward Wednesday by the Legislative Finance Committee, which calls for a 1 percent increase in salaries for teachers and state workers.It would be their first salary increase since 2008.
The 2013 legislative session begins its 60-day session on Tuesday.
We’ll have more on the governor’s proposal in Friday’s Journal.